24055 Paseo Del Lago 952, Laguna Woods, California 92637, Laguna Woods, 92637 - 1 bed, 1 bath

24055 Paseo Del Lago 952, Laguna Woods, California 92637 home-pic-0
ACTIVE$50,000
24055 Paseo Del Lago 952, Laguna Woods, California 92637
1Bed
1Bath
625Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Comprehensive HOA Inclusions: The monthly HOA covers a vast array of services including electricity, water, cable, trash, twice-monthly housekeeping, laundry, onsite maintenance, and 24-hour concierge, offering exceptional convenience and value.
Top Cons:
High Monthly Association Fee & Ownership Structure: The substantial $2,597.56 HOA fee, combined with the unusually low $50,000 list price, strongly suggests a co-op or similar ownership model, which can involve unique financing challenges, limited equity growth potential, and different resale processes compared to traditional real estate.

Compared to the nearby listings

Price:$50.0K vs avg $500.0K ($-450,000)4%
Size:625 sqft vs avg 1,162 sqft5%
Price/sqft:$80 vs avg $4414%

More Insights

Built in 1974 (51 years old).
Condition: Built in 1974, this unit is 50 years old and shows significant signs of its age. While it appears well-maintained and livable 'as is,' the aesthetics are dated throughout, including pink walls, popcorn ceilings, and older light fixtures. The kitchenette is very basic with a 2-burner cooktop, small sink, and dated white laminate cabinets, requiring a full modernization for contemporary living. The flooring (wood-look laminate and tile) is functional but not new. The 'cut-down tub' suggests an older bathroom with some accessibility modification, but not a modern renovation. The property is functional but would benefit significantly from cosmetic updates to meet current quality and style standards.
Year Built
1974
Close
-
List price
$50K
Original List price
$50K
Price/Sqft
$80
HOA
$2,597.56
Days on market
-
Sold On
-
MLS number
OC25222875
Home ConditionFair
Features
Good View: City Lights, Hills, Panoramic
Deck
ViewCity Lights,Hills,Panoramic

About this home

Welcome to this charming 9th-floor 1-bedroom retreat at The Towers in Laguna Woods Village! This B Unit features approximately 625 sqft, this home offers front-facing views overlooking the flagpole, parking area, and all the comings and goings below—perfect for those who enjoy staying connected to the heart of the community. Inside, you’ll find a light and open space with a kitchenette featuring a 2-burner cooktop, a cut-down tub for added convenience, and plenty of room to personalize to your own taste—or move right in and enjoy as is. Living at The Towers means so much more than just a home—it’s a lifestyle! Your monthly HOA includes electricity, water, cable, trash, housekeeping twice a month, laundry, and even an onsite maintenance team and 24-hour concierge. Residents enjoy private Towers events, social connections, and most notably, a generous $500 monthly dining credit to use at the two onsite dining rooms. Of course, you’ll also have access to all of Laguna Woods Village’s incredible amenities—7 clubhouses, 5 pools, 3 fitness centers, golf, tennis, pickleball, hundreds of clubs, and so much more. Whether you’re ready to settle in right away or add your personal touch, this unit is the perfect opportunity to enjoy resort-style living every day at The Towers.

Condition Rating
Fair

Built in 1974, this unit is 50 years old and shows significant signs of its age. While it appears well-maintained and livable 'as is,' the aesthetics are dated throughout, including pink walls, popcorn ceilings, and older light fixtures. The kitchenette is very basic with a 2-burner cooktop, small sink, and dated white laminate cabinets, requiring a full modernization for contemporary living. The flooring (wood-look laminate and tile) is functional but not new. The 'cut-down tub' suggests an older bathroom with some accessibility modification, but not a modern renovation. The property is functional but would benefit significantly from cosmetic updates to meet current quality and style standards.
Pros & Cons

Pros

Comprehensive HOA Inclusions: The monthly HOA covers a vast array of services including electricity, water, cable, trash, twice-monthly housekeeping, laundry, onsite maintenance, and 24-hour concierge, offering exceptional convenience and value.
Generous Dining Credit: A significant $500 monthly dining credit for onsite restaurants provides a substantial financial benefit and enhances the resort-style living experience.
Extensive Resort-Style Amenities: Residents gain access to an unparalleled suite of Laguna Woods Village amenities, including 7 clubhouses, 5 pools, 3 fitness centers, golf, tennis, pickleball, and hundreds of clubs.
Strong Community & Onsite Support: The Towers offers private events, social connections, and dedicated onsite staff (maintenance, concierge), fostering a supportive and engaging community environment.
Accessibility Features: The inclusion of a 'cut-down tub' demonstrates a thoughtful design for accessibility and convenience, particularly beneficial for senior residents.

Cons

High Monthly Association Fee & Ownership Structure: The substantial $2,597.56 HOA fee, combined with the unusually low $50,000 list price, strongly suggests a co-op or similar ownership model, which can involve unique financing challenges, limited equity growth potential, and different resale processes compared to traditional real estate.
Limited Kitchen Facilities: The 'kitchenette featuring a 2-burner cooktop' provides very basic cooking capabilities, which may not be adequate for residents who prefer to prepare full meals at home.
Compact Size & Dated Potential: At 625 sqft, the unit is quite small, and the description's mention of personalization suggests it may be dated or require updates to align with modern preferences, potentially incurring additional renovation costs. The specific view of 'flagpole, parking area' is also less desirable than scenic alternatives.

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